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Located at 79 Newcastle Road, Hawea Flat, Queenstown Lakes, this Freehold property is a true gem for those seeking a blend of rural charm and modern living. The residence, built in 1950, features a Roughcast exterior and an Iron roof, both in good condition. It spans a floor area of 140 square meters on a generous land area of 4000 square meters, with an easy/moderate fall contour. The property boasts 4 bedrooms, a modern kitchen with open plan living, and ample storage, including a separate laundry. With 3 toilets and 3 showers, it caters well to family living. Heating is provided by a Woodsmen Tarras log burner, smart vent ventilation, and two heat pumps, ensuring comfort throughout the seasons. Outdoor living is enhanced with a sunny deck, expansive lawn, a double garage, and a 3-bay shed, not to mention the sustainability feature of a large chicken coop.
The property has seen a significant increase in capital value, from $575,000 in July 2017 to $950,000 in September 2021, marking a 65.22% increase. The HouGarden AVM estimates its value at $825,000. It has a rich sales history, with the latest transactions being $360,000 in July 2006 and $185,000 in December 2003. This demonstrates the property's substantial growth and appeal in the market.
Education is a priority, with the property being in the zone for Hawea Flat School, a contributing school with a top decile rating of 10. This ensures access to quality education, making it an ideal choice for families.
Updated on March 21, 2024.
